1964 Actions on applications ?  

  • Actions on Applications

    [40 Pa.B. 6001]
    [Saturday, October 16, 2010]

     The Department of Banking (Department), under the authority contained in the act of November 30, 1965 (P. L. 847, No. 356), known as the Banking Code of 1965; the act of December 14, 1967 (P. L. 746, No. 345), known as the Savings Association Code of 1967; the act of May 15, 1933 (P. L. 565, No. 111), known as the Department of Banking Code; and the act of December 19, 1990 (P. L. 834, No. 198), known as the Credit Union Code, has taken the following action on applications received for the week ending September 28, 2010.

     Under section 503.E of the Department of Banking Code (71 P. S. § 733-503.E), any person wishing to comment on the following applications, with the exception of branch applications, may file their comments in writing with the Department of Banking, Corporate Applications Division, 17 North Second Street, Suite 1300, Harrisburg, PA 17101-2290. Comments must be received no later than 30 days from the date notice regarding receipt of the application is published in the Pennsylvania Bulletin. The nonconfidential portions of the applications are on file at the Department and are available for public inspection, by appointment only, during regular business hours. To schedule an appointment, contact the Corporate Applications Division at (717) 783-2253. Photocopies of the nonconfidential portions of the applications may be requested consistent with the Department's Right-to-Know Law Records Request policy.

    BANKING INSTITUTIONS

    Section 112 Acquisitions

    Date Name and Location of Applicant Action
    9-21-2010 Edward E. Shin and group of passive individual investors Filed
    Application for approval to acquire 100% of the common stock of Royal Asian Bank, Philadelphia.

    Branch Applications

    De Novo Branches

    Date Name and Location of Applicant Location of Branch Action
    9-17-2010 CNB Bank
    Clearfield
    Clearfield County
    Mountain View Shopping Center
    111 Rolling Stone Road
    Kylertown
    Clearfield County
    Opened
    9-23-2010 Citizens Bank of Pennsylvania
    Philadelphia
    Philadelphia County
    1071 Baltimore Pike
    Glen Mills
    Delaware County
    Approved
    9-27-2010 Beneficial Mutual Savings Bank
    Philadelphia
    Philadelphia County
    821 West Lancaster Avenue
    Wayne
    Chester County
    Filed

    Branch Discontinuances

    Date Name and Location of Applicant Location of Branch Action
    9-23-2010 Graystone Tower Bank
    Lancaster
    Lancaster County
    2001 Lincoln Way East
    Chambersburg
    Franklin County
    Approved
    9-23-2010 Graystone Tower Bank
    Lancaster
    Lancaster County
    11050 Buchanan Trail East
    Waynesboro
    Franklin County
    Approved
    9-23-2010 NOVA Bank
    Berwyn
    Chester County
    1819 John F. Kennedy Boulevard
    Philadelphia
    Philadelphia County
    Approved
    9-23-2010 S & T Bank
    Indiana
    Indiana County
    20 North Pennsylvania Avenue
    Greensburg
    Westmoreland County
    Approved

    Articles of Amendment

    Date Name and Location of Institution Action
    9-21-2010 Royal Asian Bank
    Philadelphia
    Philadelphia County
    Filed
    Amendment to the Fifth Article of the institution's Articles of Incorporation increases the number of authorized common shares to 20 million.
    9-24-2010 Community First Bank
    Reynoldsville
    Jefferson County
    Filed
    Articles of Amendment provide for the institution's Articles of Incorporation to be amended and restated in their entirety and also authorize the issuance of preferred stock.

    SAVINGS INSTITUTIONS

    No activity.

    CREDIT UNIONS

    No activity.

     The Department's web site at www.banking.state.pa.us includes public notices for more recently filed applications.

    STEVEN KAPLAN, 
    Secretary

    [Pa.B. Doc. No. 10-1964. Filed for public inspection October 15, 2010, 9:00 a.m.]

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